also that's why i'm like "hmmm not sure this PoW thing on keys is gonna do you much good" when i can get 40 zero bits at the front of a key in minutes...
Discussion
hm actually, 25 bits
What if I take an ASIC, make it mine, and people can pay 10$ to me to have these PoW keys or even better these PoW endorsements (so you can use the same old key), in order to get a "golden badge" displayed next to their name on clients, as a form of anti-impersonation.
Like, I would pay for it, and other would as well I think.
And if the market for anti-impersonation service gets big enough, it can actually work at scale.
golden rule of PoW: if it enables income via spam, it will be adopted by spammers
also, then you still have to pay to not be flooded by spam, when you could just make relays paid
💯 full circle
all forms of spam prevention boil down to paid access, really
bitcoin uses proof of work, and uniquely can use it because it is money, and there is only one money, and the vast graveyards of proof of work shitcoins stands testament to the there can be only one problem
proof of work is to spam-prevent the PROVIDERS of the bitcoin service
the users have to pay transaction fees, which is the spam prevention
so the same applies to nostr, except that we don't have a consensus so there is no competition for that, we just have a user spam problem
so, we just need transaction fees, and because it's a relay, and it's not just one-off service, you switch to subscription model, but the problem is
you need auth to do paid subscription model!
Agreed! Except for the subscription model.
Making content publication and micro-payment the exact same action is the way to go.
why is subscription model not?
it has a lower cognitive burden, and requires the use of rate limiters when the user exceeds their service level
you would not make even lightning transactions as often as you like and reply to notes
at this point in time subscription model makes sense because most LN payments are going to be custodial and the friction level is going to be high, i have to click and wait to do zaps as it is, you want me to do that for every like and reply?
if it isn't in the protocol yet, then don't make unrealistic expectations about an immediately paid transaction model without recognising that this simply is impractical and has not only a high cognitive burden but a much higher message cycle cost
1. Subscriptions do not have a lower cognitive burden in highly competitive, open markets. They're nightmare to handle for the subscribers. There's a reason people don't have subscriptions to every bar they have some drinks in.
2. That's why eCash is inevitable